Enphase Energy (ENPH) Revenue (2011 - 2026)
Enphase Energy (ENPH) recorded quarterly Revenue of $282.9 million in Q1 2026, down 17.6% quarter-over-quarter from $343.3 million in Q4 2025, and down 20.55% on a YoY basis from $356.1 million in Q1 2025.
Enphase Energy (ENPH) Revenue (2011 - 2026) Analysis & Trends
Enphase Energy's Revenue history runs 16 years deep, the most recent figure standing at $282.9 million for Q1 2026.
- In Q1 2026, Revenue fell 20.55% year-over-year to $282.9 million; the TTM figure through Mar 2026 stood at $1.4 billion (down 1.64% YoY), while the FY2025 annual figure was $1.5 billion, up 10.72% from the prior year.
- Revenue was $282.9 million for Q1 2026 at Enphase Energy, down from $343.3 million in the prior quarter.
- In the past five years, Revenue ranged from a high of $726.0 million in Q1 2023 to a low of $263.3 million in Q1 2024.
- Historically, Revenue has averaged $453.4 million across 5 years, with a median of $382.7 million in 2024.
- The sharpest annual moves came in 2022 and 2024: Revenue surged 80.56% in 2022, then plunged 63.73% in 2024.
- A 5-year view of Revenue shows it stood at $724.7 million in 2022, then tumbled by 58.25% to $302.6 million in 2023, then grew by 26.49% to $382.7 million in 2024, then declined by 10.29% to $343.3 million in 2025, then dropped by 17.6% to $282.9 million in 2026.
- The last three Revenue figures came in at $282.9 million (Q1 2026), $343.3 million (Q4 2025), and $410.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 1.04 Bn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 880.52 Mn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 282.90 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | 310.50 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 722.23 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 140.56 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 223.41 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | 1.78 Bn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | 25.20 Mn |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 282.90 Mn |
| Dec 31, 2025 | 343.32 Mn |
| Sep 30, 2025 | 410.43 Mn |
| Jun 30, 2025 | 363.15 Mn |
| Mar 31, 2025 | 356.08 Mn |
| Dec 31, 2024 | 382.71 Mn |
| Sep 30, 2024 | 380.87 Mn |
| Jun 30, 2024 | 303.46 Mn |
| Mar 31, 2024 | 263.34 Mn |
| Dec 31, 2023 | 302.57 Mn |
| Sep 30, 2023 | 551.08 Mn |
| Jun 30, 2023 | 711.12 Mn |
| Mar 31, 2023 | 726.02 Mn |
| Dec 31, 2022 | 724.65 Mn |
| Sep 30, 2022 | 634.71 Mn |
| Jun 30, 2022 | 530.20 Mn |
| Mar 31, 2022 | 441.29 Mn |
| Dec 31, 2021 | 412.72 Mn |
| Sep 30, 2021 | 351.52 Mn |
| Jun 30, 2021 | 316.06 Mn |